how does systemaccounting affect my privacy?

will everyone know what i buy and what i do?

A:

systemaccounting measures trade for those who contribute to an economy’s existence, not publishes the minuscule details of their involvement to create markets that shouldn’t exist

for example, if Henry purchased $100.00 worth of groceries from The General Store on Saturday, July 7, 2012 at 1:11:03s PM, the rest of us will not automatically know what he bought, where he shopped, or even that he spent $100.00 because Henry has not chosen to supply this information to the market

despite the demand for Henry’s information from advertisers, marketers and anyone else seeking his data, not supplying his information to the market is Henry's way of exercising his right to exclude it from the market for consumer data

there are other markets, however, that do have a right to know that $100.00 in revenue was verifiably earned by The General Store on Saturday, July 7, 2012 at 1:11:03s PM

one such market having this right is known as the market for equity, which is a subsidiary of the market for return (a.k.a. market for risk)

if someone shopping in the market for equity is considering an investment in The General Store, they deserve not to be lied to as they form a final opinion about the value of its business

not being lied to doesn’t mean "knowing everything about Henry", it just means being certain that the $100.00 The General Store earned on Saturday, July 7, 2012 at 1:11:03s PM was because someone else chose to expend that same $100.00 @ The General Store (debit = credit)

also, if it was proven that Henry walked out with $120.00 worth of groceries, then the fact he only transmitted $100.00 to The General Store is one he is not at liberty to deny the public

just as it's not rational to commit a crime if one expects to be caught, it's not rational to conceal evidence of one's deeds if others are expected to defend them

when privacy is cited as an exception to accountability, the liability of a failure in judgement is transferred from the offender to the judge whose ruling risks exclusion of the fact, thus giving host to a failure of state

citing privacy as an exception to accountability also vastly increases its cost due to expensive and unnecessarily-invasive discovery, the indulgence of rumor and intrigue which may further disrupt the affairs of the parties involved, the false admission of hearsay, etc.

on the other hand, the person who proves accountable at the outset avoids many of these expenses for themselves and the state in which they are a stakeholder

lowering the cost of accountability lowers the cost of privacy

quick and efficient discovery phases to prove or disprove claims, and not marketing hypotheses, more easily affords the accountable all the privacy they wish

justice is, physically, the property of all: a market in which we all are consumers and producers

as inhabitants in the land of intellectual justice, it is our duty to access this intellectual property to correct an instance where each and every contributor to the economy was not physically rendered their due

finally, once members of the public realize that those who have the most to gain from citing privacy as an exception to accountability are those who have the most to profit from accountability's absence, they will gladly step into the light despite their modest imperfections—if only to await and identify those who refuse

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